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Created page with "'''Taxes in the United States''' are levied by federal, state, and local governments. They are used to fund public services including infrastructure, defense, education, and healthcare. == Federal Taxes == * '''Income Tax''' – progressive rates ranging from 10% to 37% in 2025. * '''Payroll Taxes''' – fund Social Security and Medicare. * '''Corporate Taxes''' – applied to business profits. * '''Excise Taxes''' – applied to specific goods such as fuel and al..."

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'''Taxes in the United States''' are levied by federal, state, and local governments. They are used to fund public services including infrastructure, defense, education, and healthcare.

== Federal Taxes ==
* '''Income Tax''' – progressive rates ranging from 10% to 37% in 2025.
* '''Payroll Taxes''' – fund Social Security and Medicare.
* '''Corporate Taxes''' – applied to business profits.
* '''Excise Taxes''' – applied to specific goods such as fuel and alcohol.

== State and Local Taxes ==
* '''Sales Tax''' – ranges from 0% (in states like Delaware) to over 7%.
* '''Property Tax''' – assessed at the local level to fund schools and services.
* '''State Income Tax''' – varies; some states like Florida and Texas have none.

== Tax Filing ==
Most individuals file annually with the '''Internal Revenue Service (IRS)'''.
Deadline: April 15 each year (extended if it falls on a weekend/holiday).

== Average Household Tax Burden ==
{| class="wikitable"
! Tax Type !! Average Share of Household Income (2025)
|-
| Federal income tax || 13%
|-
| Payroll tax || 7%
|-
| State/local taxes || 10%
|}

== Government Resources ==
* [https://www.irs.gov Internal Revenue Service (IRS)]
* [https://www.treasury.gov U.S. Department of the Treasury]

== FAQs ==
'''Q: When are taxes due in the U.S.?'''
A: April 15, unless extended.

'''Q: Do all states have an income tax?'''
A: No, states like [[Texas]], [[Florida]], and [[Nevada]] do not.

'''Q: What happens if you do not file taxes?'''
A: Penalties, fines, and possible legal action by the IRS.

== See also ==
* [[Minimum wage in the United States]]
* [[Cost of Living in the United States (2025)]]

Taxes in the United States - Revision history